Managers of Wealth Americas

The “New Normal” Is a Myth. The Future Won’t Be Normal at All

Recovery from Covid-19 means building a company that can thrive in the face of continuous turbulence.

Tackling racism starts at the top, says advisor

In part one of our new three-part series, advisor tells WP of the hypocrisy and lack of representation within the wealth industry

Shifting Your Family’s Philanthropic Focus During Times of Crisis

Family and individual donors have historically been just as essential to making a positive impact in times of crises as NGOs or government bodies, and this time around, it will be no different.

Room to Thrive: Why Principles-based Standards Make Sense for Regulating Contingent Pension Plans

Principles-based regulations focus on desired outcomes rather than processes.

The world economy on a tightrope

The global outlook is highly uncertain

Morgan Stanley chief says worst is ‘behind us’ for US economy

James Gorman makes the case for banks to continue to pay out capital in dividends

Is Goldman Sachs the Blueprint for Wealth Managers?

Geneva, where Goldman poached two super-rich bankers from UBS this week, is emerging as a linchpin in those plans.

BofA Eases Targets for Merrill Wealth Advisers — WSJ

The changes are projected to reduce the number of advisers who see pay cuts by about 1,000.

Firms ramp up recruiting push

Covid-19 hasn’t thwarted wealth management firms’ efforts to attract new talent

Pandemic creates pension plan tension: Take the lump sum or trust lifetime payments

The number of private pension plans — which employers fund on behalf of workers — has been dwindling over time

Does that change everything?- Gary Dugan

Emerging markets may be due a serious further rebound.

Buyout firm Sycamore Partners in talks to buy troubled J.C. Penney

There is no certainty that the talks between Sycamore and J.C. Penney will result in a deal, which would require a bankruptcy judge’s approval, the sources said.

US billionaires' wealth soars during pandemic

Tesla Chief Executive Elon Musk's net worth also rose $14.1 billion.

Women’s wealth to exceed $1tn by 2023

One of the reasons cited by BCG for the increase in women’s wealth is the improvement in women’s access to education.

Who are the best asset managers and ETF providers?

Investing has never been more challenging and exciting. Rates are at record low, while risks – with the collision of the world’s two largest economies – have never been higher

Making Money Is Good. Doing Good Is Even Better

Not everyone agrees that pension funds and asset managers should be broadening their remit

Regions Next Step Survey Finds 81% of Americans Do Not Feel “Financially Fit”

The survey, conducted in April, provides insight to American sentiment about their current financial fitness

UBS to Curtail Expense-Account Benefit Due to Virus Constraints

UBS recognizes that different advisors have different preferences, but was told by tax and regulatory experts that it had to adopt a one-size-fits-all formula for its approximately 6,000 U.S. advisors.

Bank Of America Commits $1 Billion To Support Economic Opportunity After Pandemic, Protests

Bank of America said on Tuesday morning it will make a $1 billion commitment over four-years to help local communities address the widening economic and racial inequality stemming from the pandemic.

Managing diverse assets the new world

Roger Woolman of SS&C Advent analyses the effects now and into the future of the coronavirus pandemic

Comment, Analysis & Research